550-554 Magnolia Avenue
Property Description
Great Investment Opportunity in Cuyahoga Falls! This well-maintained triplex offers an excellent opportunity for investors or owner-occupants looking to generate rental income. The spacious main-floor unit features 4 bedrooms and 2 bathrooms and has been remodeled and updated, including a beautiful kitchen with granite countertops, new flooring, and all new appliances. The property consists of three separate units, providing multiple income streams. Two of the units have established rental histories, with one tenant in place for approximately 12 years and the back house tenant for approximately 7 years. Current rents include $975/month for the back house and $550/month for the upstairs unit. With a remodeled 4-bedroom unit, long-term rental history, multiple units, and recent improvements, 550 Magnolia offers a great opportunity to add a solid income-producing property to your investment portfolio. Agent related to seller.
Broker Details
Mosholder Realty Inc. (330) 633-5536
MLS ID: 613254 State License Number: 2025007630
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $324,000 |
| Year Built: | 1940 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 4 |
ID: 3yd-NEOHREXOH-5245660
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